subject
Business, 24.09.2020 14:01 eriter659

Stannous Company earns $2,000 of revenue on account in Year 1. Cash collections of receivables amount to $1,800 in Year 1 with the remainder being collected in Year 2. Which of the following shows how these events will affect the company’s financial statements at the time revenue is recognized in Year 1? Balance sheetIncome StatementStatement of Cash FlowsAssets=Liabilities+EquityRev.- Exp.=Net Inc. A.+=NA+++-NA=++ OAB. NA=-NA=++ OAC.+=NA+++-NA=+NAD.−=NA+−−-NA=−+ OAa. Option Ab. Option Bc. Option Cd. Option D

ansver
Answers: 3

Another question on Business

question
Business, 22.06.2019 11:30
Consider derek's budget information: materials to be used totals $64,750; direct labor totals $198,400; factory overhead totals $394,800; work in process inventory january 1, $189,100; and work in progress inventory on december 31, $197,600. what is the budgeted cost of goods manufactured for the year? a. $1,044,650 b. $649,450 c. $657,950 d. $197,600
Answers: 3
question
Business, 22.06.2019 13:50
Diamond motor car company produces some of the most luxurious and expensive cars in the world. typically, only a single dealership is authorized to sell its cars in certain major cities. in less populous areas, diamond authorizes a single dealer for an entire state or region. the manufacturer of diamond automobiles is using a(n) distribution strategy for its product.
Answers: 2
question
Business, 22.06.2019 17:30
What is the sequence of events that could lead to trade surplus
Answers: 3
question
Business, 22.06.2019 19:00
What is an equation of the line in slope intercept formm = 4 and the y-intercept is (0,5)y = 4x-5y = -5x +4y = 4x + 5y = 5x +4
Answers: 1
You know the right answer?
Stannous Company earns $2,000 of revenue on account in Year 1. Cash collections of receivables amoun...
Questions
question
Mathematics, 28.08.2020 22:01
question
Mathematics, 28.08.2020 22:01
question
Mathematics, 28.08.2020 22:01
question
Mathematics, 28.08.2020 22:01
question
Mathematics, 28.08.2020 22:01
Questions on the website: 13722361